Tag Archives: BP
BP seems to have got it all wrong ; from Pension funds to pensioners – fury abounds
I was not at the BP shareholders meeting yesterday, but I needn’t have been, it was full of financial journalists, pension investors and pensioners, all furious at BP’s failure to be reasonable. Here’s a pensioner. I expect to hear much … Continue reading
Posted in pensions
Tagged BP, BP pensioner Group, BP Pensions, LGIM, Pensions, shareholders
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BP Targets £4 billion UK Pension Fund Surplus – Blocks Trustee for Fifth Consecutive Year
There are few things that annoy me more in pensions than the behaviour of BP’s management in blocking the Trustee’s wish to distribute part of its substantial surplus to members. BP pensioners will be out in force at BP’s AGM … Continue reading
Members of the BP pension still wait for promises to be paid
“Although BP have yet again refused a discretionary increase, the fight goes on. We are waiting for a Pensions Ombudsman ruling, but fully expect it to take several more months. Who knows what the outcome will be, but we are … Continue reading
Posted in pensions
Tagged BP, Distribution, Malcolm, Malcolm McClaren, pension scheme, Surplus
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Your £50k pension surplus negotiable with your DB trustees and the boss!
Yesterday I sat through a day in the City listening to insurers talking about the safety of giving them your money while everyone else wanted to talk about what to do with the surplus funds not needed to pay the … Continue reading
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Tagged BP, Jonathan Guthrie, pensioners, Pensions, Stagecoach, Surplus
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Change of tack at BP – time for BP pensioners to know!
Chris Johnston Assistant News Editor and City Bulletin Writer February 10 2026 Good morning and welcome to Tuesday We start today with BP, which has halted its share repurchase programme and plans to cut capital expenditure, as a lower … Continue reading
BP must “return to its Code of Conduct” – and how it spends its member’s pension surplus.
BP has ditched another CEO and will have a new one in April. Here is comment from Stephen Rees. Members of the BP Action Group are not short of a voice, they have created a BP Pensioner Group to ensure … Continue reading
Pension heroes or Pension zeroes – pre-97 and under payment of indexation.
The Minister termed those with a pension vocation “pension heroes”. This is a blog in praise of such people and against those who I call Pension Zeroes, those who stand against people getting their fair share. Readers of this blog … Continue reading
BP pensioners demonstrate against “social mobility” white-wash
BP Pensioner Group is a collection of mature workers looking to protect BP pensions. I support BP Pensioner Group for two reasons BP pensioners and deferred pensioners deserve better from their trustees and their sponsor- BP The rights of ordinary … Continue reading
Is Shell De-risking or De-stroying its pension good will?
I’ve been outing poor practice at the BP DB scheme. It may just have become too big for the insurers but it hasn’t woken up to the advantage of running on. Now the champion Beverly Ord has brought to my … Continue reading
BP show a shameful lack of pension leadership.
There are a handful of British companies that carry our name. They stand for what we used to call the best of British in the corporate place. Among these “British ” Petroleum stands high, it is not- like Shell , … Continue reading
Posted in pensions
Tagged BP, British Petroleum, Business, Business and Economy, corporate governance, corporate risk, pension, Pension Regulator, Pensions, Retirement
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